Natick MA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.11 Acres
Year built:
1900
Baths:
4.00
MLS#:
73298954

ADDITIONAL INFORMATION

254 N Main Street offers an exceptional investment opportunity! This property is designated for both commercial and residential purposes, featuring two residential units and retail space. With its prime condition and flexible zoning, it serves as an ideal location for business owners seeking a professional presence. Perfect for various businesses like law offices, architectural firms, mortgage companies, CPA firms, financial institutions, insurance agencies, advertising firms, and more, the possibilities are endless. Positioned in a highly sought-after area, this property is a valuable asset for any investor. Currently fully leased. Convenient to both Boston and Worcester, with easy access to the MA Pike and commuter rail Framingham/Worcester lines, and all that downtown has to offer TCAN (The Center for Arts in Natick) Farmers Market, shops & restaurants. The roof, siding, 3 new electrical panels, new kitchen cabinets, recessed lights, and mini-split system are all 2 years old.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.68 Acres
Year built:
1904
Baths:
MLS#:
73294044

ADDITIONAL INFORMATION

Pleased to present an exceptional opportunity for investors, builders, and developers: the chance to acquire a substantial portfolio on Natick’s Church Street. This portfolio is situated on a 0.68- acre lot, featuring five (5) parcels, seven (7) independent buildings with twenty-eight (28) condo units on Church St. In 2023, the portfolio generated a total income of about $300,000, underscoring its robust income potential. This rare real estate offering includes in-place income and future rental growth by renewing and leasing all units at full market rates.This property benefits from DM (downtown mix-use) zoning with lot coverage of 60% under current zoning bylaw, allowing for future development of approximately 60+ units, upon zoning approval, across commercial, residential, or mixed-use buildings. This presents a versatile investment opportunity with promising potential returns. Adjacent to Natick Town Hall and Natick Common, this property enjoys a prime central location.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.03 Acres
Year built:
1730
Baths:
8.00
MLS#:
73231571

ADDITIONAL INFORMATION

21 Eliot Street presents a unique investment opportunity in the heart of South Natick Center. Spanning 3 acres of beautifully maintained and natural grounds, this historic property is zoned for both commercial and residential use. Currently hosting four well-preserved buildings featuring a mix of office and retail spaces, it combines functionality with charm. Its excellent condition and versatile zoning make it an ideal opportunity for various uses including residential or mixed use development. A rare find in a sought-after area, this property is a valuable asset for any investor. Currently 100% leased through May 2025. Buyer to do own due diligence.

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Natick Real Estate

The median home value in Natick, MA is $697,400. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Natick, MA is $697,400. Approximately 65.1% of Natick homes are owned, compared to 31.58% rented, while 3.32% are vacant. Natick real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Natick real estate agent to arrange a tour today!

Natick, Massachusetts 01760 has a population of 36,627. Natick 01760 is more family-centric than the surrounding county with 39.46% of the households containing married families with children. The county average for households married with children is 35.9%.

The median household income in Natick, Massachusetts 01760 is $122,914. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Natick 01760 is 42.3 years.

Natick Weather

The average high temperature in July is 82.7 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 48.4 inches per year, with 46.8 inches of snow per year.

Natick Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    51
    30-day change

Natick Schools and Demographics

Education near Natick, MA

Metric City County
High School Graduates 97.43 93.57
College Degree - 2 year 5.11 5.86
College Degree - 4 year 68.32 57.77
Graduate Degree 25.19 19.76
Expenditures per Student 23,560 23,560
Students per Teacher 12 12

Elementary Schools near Natick, MA

School Grades Students P/T Ratio ZIP
Bennett-Hemenway KG - 04 622 16.5 01760
Brown KG - 04 483 16.9 01760
Ernest F Upham KG - 05 233 12.9 02481
Hunnewell KG - 05 290 14.9 02482
John D Hardy KG - 05 305 13.7 02482
Johnson KG - 04 234 11.9 01760
Joseph E Fiske PK - 05 451 14.7 02481
Katharine Lee Bates KG - 05 384 15.9 02481
Lilja Elementary School KG - 04 406 15.7 01760
Memorial KG - 04 433 15.4 01760
Pine Hill PK - 05 392 12.9 01770
Schofield KG - 05 348 13.5 02481
Sprague Elementary School KG - 05 398 16 02482

Middle Schools near Natick, MA

School Grades Students P/T Ratio ZIP
Christa McAuliffe Charter Public School 06 - 08 403 10.6 01702
J F Kennedy Middle School 05 - 08 660 13.4 01760
Wellesley Middle School 06 - 08 1,178 11.9 02481
Wilson Middle School 05 - 08 927 13.2 01760

High Schools near Natick, MA

School Grades Students P/T Ratio ZIP
Natick High School 09 - 12 1,603 14.7 01760
Wellesley Senior High School 09 - 12 1,480 12.9 02481

Ungraded Schools near Natick, MA

School Grades Students P/T Ratio ZIP
* Joseph P Keefe Technical High School 09 - 12 693 9 01702

Demographics near Natick, MA 01760

Metric Zip Code City
Neighborhood Type Suburban
Population 36,627 1,623,411
Population Density 2,449 1,985
Median Age 42.3 38.5
People per Household 2.4 2.5
Median Household Income 122,914 111,790
Average Income per Capita 67,267 58,399